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January 22, 2018, 05:26:45 PM

Author Topic: Thailand Property & Investment  (Read 12689 times)

Offline 2017

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Re: Thailand Property & Investment
« Reply #32 on: May 22, 2014, 11:07:47 PM »
Thai benchmark poised for biggest
drop since Jan. 2 after army declared a miltary coup yday.
• Shrs of stocks seen to have links with the family of former Prime Minister Thaksin Shinawatra declined
• SC Asset -5.7%, M-Link Asia -5.6%
• Advanced Info -2.5%, Intouch -2.3%; Thaksin’s family sold stakes in those companies before the 2006 coup

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Re: Thailand Property & Investment
« Reply #33 on: September 08, 2014, 09:27:00 PM »
Besides the glitz of new launches, Bangkok also offers a variety of value-for-money property options, but just where can you find the cheapest condominiums to buy and rent in Bangkok?

Propertydata.asia set out to answer that question in its latest research based on its database of more than 53,000 individual units, and discovered that like every city the cheapest options can usually be found on the outskirts and in the suburbs.

The cheapest districts for apartments and condominiums in Bangkok are concentrated in the north, east and west of the city. All of them are between 20 kilometres and 35 kilometres to the Siam and the central business district, and include (in order of cheapness) Sapan Sung, Lak Si, Bang Khat, Prawet and Don Mueng.

Compared with the THB469 monthly sqm rental rate for a median apartment in Bangkok, and THB95,000 selling price per sqm, the cheap apartments in these areas are between 60 percent and 80 percent less expensive.

Bang Khae and Lak Si are the Bangkok property markets (with more than 100 available units) with the lowest rents and selling prices. Renal rates for a 30 sqm unit in Bang Khae can be had for a little over THB3,000 per month.

Another question often asked is where are the cheapest condominiums in Bangkok located within walking distance to the mass transit system?

The answer is, as expected, easy but not entirely correct. The cheapest condos and apartments can indeed be found at the terminal stations of the BTS network, with apartments around Bang Na and Bearing stations offering the cheapest selling and rental prices. These stations are a 28 minute journey from Siam.

Apartments located close to the newest BTS extensions on Bangkok Thonburi side of the river, Talat Phlu, Wutthakat, and Bang Wa, enjoy a shorter trip time of about 23 minutes but prices here are already significant higher.

Well-connected and still affordable rents and prices can be found around Mo Chit, with a connection to the MRT and only 14 minutes to Siam station.

An unexpected finding is that condominiums and apartments close to Victory Monument station, which is quite central located and only a 6 minute journey to Siam, offer surprisingly low rental and selling prices.

Lukas Schnider of propertydata.asia, told PropertyGuru.com: “An insider tip [for anyone looking for value-for-money accommodation in Bangkok] is to check the very affordable rents and prices around the very centrally located BTS Station Victory Monument. A cheap studio apartment is available forTHB2 million or to rent for THB7,500 per month.”


From: http://www.propertyguru.com.sg/property-management-news/2014/9/63016/buying-bangkok-on-the-cheap

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Re: Thailand Property & Investment
« Reply #34 on: September 02, 2015, 01:46:16 AM »
http://www.propertyguru.com.sg/property-management-news/2015/9/106495/thai-property-market-hit-by-recent-bombing

The property market in Bangkok is expected to decline further after a deadly blast rocked the city recently. Demand for property was already soft before the bombing, and residential developers will reconsider, postpone and even scale down plans in the next four months, reported The Bangkok Post.

Supalai, Property Perfect, Major Development and Noble Development are just a few of the developers that have postponed launches scheduled for this year. Thailand’s largest developer, Pruksa Real Estate, is also considering delaying some of its launches, while AP (Thailand) is now focusing on safer single-house and townhouse projects.

“Developers should be more cautious of new investment, particularly in large projects that take a few years to develop,” Atip Bijanonda, President of the Housing Business Association, told the newspaper. “Maintaining financial liquidity with cash on hand enough for one year amid an uncertain situation is a must, as this year’s fourth quarter may not be a hot time for the sector to boost new residential sales.”

Developers are better off focusing on smaller projects that can close sales and be completed in a shorter time, he noted.

Suriya Poolvoralaks, Managing Director of Major, said the company has already converted a large condominium into a smaller eight-storey project of only 200 units to quicken sales and revenue.

Pruksa will delay its projects to next year due to the unfavourable market conditions, but the company isn’t sure how many will be pushed back. “It is hard to have new sales,” said Managing Director Prasert Taedullayasatit. “We will try to transfer our condo sales backlog to have revenue as targeted.”

Theeraphon Voranithiphong, Executive Vice-President of Noble, said the company has decided to postpone all four of its projects scheduled to launch in the coming months to 2016. These include condo developments in Thong Lor, Ari and a site that has yet to be determined.

Supalai will not launch any residential developments until it believes demand has returned. “We will not launch condo projects when we are not sure of their locations because launches come with expenses,” said Deputy Managing Director Tritecha Tangmatitham.

Fragrant Property CEO James Duan said the group postponed two new projects scheduled to launch in the fourth quarter to next year, including one on Soi Sukhumvit 36.

This article was first published on DDproperty.com, Thailand’s leading property site.

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Re: Thailand Property & Investment
« Reply #34 on: September 02, 2015, 01:46:16 AM »





Offline shadow1987

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Re: Thailand Property & Investment
« Reply #35 on: September 28, 2015, 08:07:22 AM »
Hi All,

19 and 20 September there was a Bangkok property show. Those who are interested or want to know more about Bangkok condo, how to buy, where to buy, any good condo to invest, safe to buy, will the property price grow?

Another property show will be held in October 2015. I will be able to answer all your questions. Those who want to attend,

email : manidatoh@gmail.com
Call or sms 82288585

Regards
Kevin

 


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